Foreclosure Homes in Franklin, AL

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$72,080 EMV
$173,400 EMV

| 1,808 Sq. Ft.


| 1,640 Sq. Ft.

$46,153 EMV

| 1,456 Sq. Ft.


| 1,440 Sq. Ft.

$79,390 EMV
Tax Lien
Displaying 1 - 10 of 27

Home Value Estimator For Franklin, AL

There are currently 199 real estate properties in Franklin, AL, with a median automated valuation model (AVM) price of $123,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Franklin, AL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Franklin, AL, is $142,795.00, with the most expensive house in Franklin, AL, topping out at $649,000.00 and the cheapest home in Franklin, AL, clocking in at $23,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Franklin, AL!

Rent Prices In Franklin, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklin, AL, is on a rollercoaster ride. The average rent price in Franklin, AL, is $950.00. Indeed, when looking to rent in Franklin, AL, you can expect to pay as little as $540.00 or as much as $2,060.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Franklin, AL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Foreclosure Homes in Franklin, AL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Franklin, AL area at Get information on foreclosure homes for rent, how to buy foreclosures in Franklin, AL and much more. Save thousands at closing with home foreclosure listings in Franklin, AL — up to 75% off market value!

Top Reasons To Live In Franklin, AL In 2023

Franklin is located in Macon, Alabama, with an estimated municipal population of 512 residents. All of the best foreclosed homes for sale in Franklin are located in the following zip code areas on 36083. The estimated population per square kilometer (.62 miles) in Franklin is 13.

Diversity And Demographics In Franklin, Alabama

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Franklin, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Franklin is 47.7, split between 44.8 percent male versus 55.2 female. The percentage of residents who report being married in Franklin is 48.5, with an average family size of 2.85.

The percentage of residents who report their race in Franklin is as follows:

White 10.2%
Black / African American 88.6%
Asian 0%
American Indian / Alaskan Native 1.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

Looking for family-friendly neighborhoods in and/or near Franklin? Or maybe you are searching for 55+ active adult communities in and/or near Franklin?

The percentage of residents who report their age in Franklin is as follows:

Under 10 5.8%
Aged 10-19 8.7%
20s 10.2%
30s 13.6%
40s 14.2%
50s 16.1%
60s 12.4%
70s 9.2%
80+ 10%

Best Schools In Franklin, Alabama

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Franklin with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Franklin.

Pros And Cons Of Living In Franklin, Alabama

How do you know that living in -- or moving to -- Franklin is right where you need to be? Perhaps you grew up in Franklin or already live nearby; therefore, the decision to buy a home in Franklin is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Franklin for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Franklin:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Franklin.

Reasons To Move To Franklin, Alabama, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Franklin can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Franklin, meanwhile, can field multiple offers from more qualified buyers.

Franklin, AL Foreclosures


Listing types in Franklin, AL

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